Bright Financial Advisors Inc. Purchases 70 Shares of NVIDIA Corporation $NVDA

Bright Financial Advisors Inc. grew its stake in NVIDIA Corporation (NASDAQ:NVDA) by 0.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 22,443 shares of the computer hardware maker’s stock after purchasing an additional 70 shares during the quarter. NVIDIA comprises approximately 2.0% of Bright Financial Advisors Inc.’s holdings, making the stock its 15th largest holding. Bright Financial Advisors Inc.’s holdings in NVIDIA were worth $3,546,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Kathleen S. Wright Associates Inc. raised its stake in shares of NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after purchasing an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new position in shares of NVIDIA in the 1st quarter valued at about $51,000. Bruce G. Allen Investments LLC grew its holdings in shares of NVIDIA by 198.2% in the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock valued at $53,000 after acquiring an additional 327 shares in the last quarter. Campbell Capital Management Inc. grew its holdings in NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after purchasing an additional 590 shares during the period. Finally, Luken Investment Analytics LLC grew its holdings in NVIDIA by 107.0% during the first quarter. Luken Investment Analytics LLC now owns 621 shares of the computer hardware maker’s stock worth $67,000 after purchasing an additional 321 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Trading Down 0.3%

NVDA opened at $185.04 on Wednesday. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $191.05. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The company’s 50-day moving average is $178.48 and its 200 day moving average is $149.30. The firm has a market capitalization of $4.50 trillion, a PE ratio of 52.72, a P/E/G ratio of 1.34 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same period in the prior year, the firm posted $0.68 EPS. The firm’s quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were paid a $0.01 dividend. The ex-dividend date was Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio is currently 1.14%.

Insider Activity at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction on Monday, October 6th. The shares were sold at an average price of $185.79, for a total transaction of $13,934,250.00. Following the completion of the sale, the chief executive officer directly owned 70,858,203 shares of the company’s stock, valued at approximately $13,164,745,535.37. The trade was a 0.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Colette Kress sold 30,500 shares of NVIDIA stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.40, for a total transaction of $5,380,200.00. Following the sale, the chief financial officer directly owned 2,883,402 shares of the company’s stock, valued at $508,632,112.80. This represents a 1.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,947,622 shares of company stock worth $694,333,235 over the last quarter. Corporate insiders own 4.17% of the company’s stock.

Analyst Ratings Changes

NVDA has been the subject of several research reports. BNP Paribas upgraded shares of NVIDIA to a “hold” rating in a research report on Friday, August 1st. Loop Capital lifted their price target on shares of NVIDIA from $175.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, June 25th. New Street Research boosted their price objective on shares of NVIDIA from $200.00 to $235.00 and gave the company a “buy” rating in a research report on Friday, September 12th. Weiss Ratings restated a “buy (b)” rating on shares of NVIDIA in a research report on Saturday, September 27th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $220.00 target price (up previously from $205.00) on shares of NVIDIA in a research note on Monday, September 29th. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $211.26.

About NVIDIA

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.